American Apparel Names New Board in Step to Resolve Leadership Crisis

Four New Directors to Join Two Members of Old Board

American Apparel Inc. on Wednesday chose a new board, bringing the company a step closer to determining the fate of Dov Charney, the company's founder, who was suspended as chief executive in June.

The company named four new directors who will join David Danziger and Allan Mayer, two members of the old board, who are keeping their roles as co-chairmen. The new board will take effect Aug. 2, after a 10-day waiting period required by...